Answer:
Debit Interest Expense and Credit Long-term Debt Expense.
Explanation:
When Price is acquiring the Duchess Incorporation, it is agreeing upon everything that the Duchess is liable to pay and and receive from any other party. Duchess has a long term debt with a fair value of $1500000, which needs to be paid by the acquiring company now i.e. Prince. Hence, the interest expense would be paid and the long-term debt expense would be decreased by the same amount.
Therefore, for that the entries would be as follows:
Debit Credit
Interest Expense $xxx
Long-term debt expense $xxx
Answer:
yes, it would matter, because you want to get the best out of it
Explanation:
<span>In mutual v. ohio, the supreme court ruled that motion pictures were a spectacle for entertainment, not a form of speech. In this situation, they were trying to determine how to classify a motion picture. In the end, it was ruled that a motion picture better known as a movie, is a way for people to get entertainment from the product/service provided not considered a speech. </span>
Answer:
employed workers and persons who are officially unemployed
Explanation:
The labor force is the force that involves the labors who are employed and the unemployed i.e. officially
In an equation, it can be
Labor force = Employed workers + unemployed workers
It is a combination of both the employed and the unemployed workers
hence, the correct option is third
Therefore all the other options are wrong as they do not meet the criteria of the labor force
Answer:
A) Does not change the money supply.
Explanation:
Demand deposits change the monetary base, because the monetary base equals currency plus demand deposits.
However, in itself, a demand deposit does not change the money supply. For the change in the money supply to occur, the bank must loan out some of the money in the deposit.
